3 years ago

3. What will happen in the market for chocolate bars if the price is set at 40 cents?

1 answer:

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Answer:

If the price is too low, demand will exceed supply, and some consumers will be unable to obtain as much as they would like at that price—we say that supply is rationed…. Markets in which prices can move freely are always in equilibrium or moving toward it.

Explanation:

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